Whereas gross sales of non-fungible tokens (NFTs) have declined by over 38% up to now 30 days in comparison with the earlier month, NFTs minted on the Bitcoin blockchain have dominated, accounting for greater than 44% of gross sales. Statistics from the final 30 days reveal that 4 of the highest 5 best-selling NFT collections all stem from the Bitcoin blockchain.
Bitcoin’s Dominant Affect on NFT Gross sales Continues
Bitcoin continues to advance within the realm of NFTs, having outperformed 24 distinctive blockchain networks over the previous 30 days, together with Ethereum. In line with information from cryptoslam.io, Bitcoin-based NFTs have amassed $3.43 billion in complete gross sales, positioning Bitcoin in fourth place behind Ethereum, Solana, and Ronin.
Bitcoin is getting nearer to overtaking Ronin’s all-time gross sales determine of $4.26 billion. From March 27 to April 27, 2024, Bitcoin logged $457.62 million in NFT gross sales, with solely $716,035 probably linked to scrub buying and selling. Ethereum secured the second spot with $262.37 million in gross sales throughout the identical interval, whereas Solana recorded $165.14 million in NFT gross sales, rating third by way of gross sales quantity.
Over the identical 30-day interval, the costliest NFT offered was Cryptopunk #635 on Ethereum, fetching $12.41 million. The highest sale on the Bitcoin blockchain was Bitcoin Ape #2,301, which went for $459,436. This NFT is a byte-accurate switch of the unique Bored Ape Yacht Membership (BAYC) to the Bitcoin blockchain by Ordinals. Following Bitcoin Ape #2,301, eight different gross sales ranged from $254,062 to $354,801 every, all belonging to the Bitcoin Puppets assortment.
Prior to now 30 days, 4 of the 5 highest-selling NFT collections have been from the Bitcoin blockchain. Uncategorized Ordinals led with $152 million in gross sales, adopted by Bitcoin Puppets at $71.84 million, WZRD digital collectibles at $34.81 million, and Nodemonkes compilation at $34 million. Mythos’ Dmarket NFT assortment ranked fifth, capturing $28.6 million in gross sales, cryptoslam.io 30-day statistics present.
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